Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Update

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 5,300 shares, an increase of 35.9% from the October 15th total of 3,900 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is presently 1.3 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Bank of the James Financial Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Empowered Funds LLC boosted its position in shares of Bank of the James Financial Group by 7.6% during the first quarter. Empowered Funds LLC now owns 17,444 shares of the financial services provider’s stock worth $181,000 after acquiring an additional 1,225 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Bank of the James Financial Group by 46.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock valued at $302,000 after acquiring an additional 8,556 shares during the period. Inspire Investing LLC bought a new position in Bank of the James Financial Group in the 3rd quarter worth about $1,018,000. Fourthstone LLC grew its position in shares of Bank of the James Financial Group by 27.7% during the 3rd quarter. Fourthstone LLC now owns 93,119 shares of the financial services provider’s stock worth $1,279,000 after buying an additional 20,191 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in Bank of the James Financial Group by 33.1% during the 1st quarter. Vanguard Group Inc. now owns 192,585 shares of the financial services provider’s stock valued at $1,995,000 after purchasing an additional 47,895 shares during the period. 18.50% of the stock is currently owned by hedge funds and other institutional investors.

Bank of the James Financial Group Trading Up 0.5 %

NASDAQ:BOTJ traded up $0.07 during mid-day trading on Friday, reaching $14.58. The company’s stock had a trading volume of 5,990 shares, compared to its average volume of 4,996. The firm’s fifty day moving average price is $13.51 and its two-hundred day moving average price is $12.38. The stock has a market cap of $66.63 million, a P/E ratio of 7.74 and a beta of 0.76. Bank of the James Financial Group has a 12-month low of $9.65 and a 12-month high of $15.75.

Bank of the James Financial Group (NASDAQ:BOTJ) last issued its earnings results on Friday, October 25th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. The company had revenue of $11.33 million for the quarter. Bank of the James Financial Group had a net margin of 14.46% and a return on equity of 13.36%.

Bank of the James Financial Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be given a $0.10 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.40 annualized dividend and a yield of 2.74%. Bank of the James Financial Group’s payout ratio is 21.74%.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit.